Emma's Tough Financial Decision #motivation #english #englishgrammar #finance #englishvocabulary

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Nest egg – Savings set aside for a specific purpose, often for retirement or a major purchase.
Wipe out – To completely use up or lose money/resources.
Personal loan – A loan from a bank or financial institution that is not secured by collateral.
Interest rate – The percentage charged by a lender for borrowing money.
Go through the roof – To increase rapidly and significantly.
Credit card – A card that allows users to borrow money up to a set limit to make purchases.
Max out – To reach the maximum limit on a credit card or loan.
Credit score – A numerical rating that represents a person’s creditworthiness.
Short-term loan – A loan that must be repaid within a short period, often within a year.
Make extra payments – To pay more than the required minimum on a loan to reduce the balance faster.
Salary advance – An arrangement where an employer gives an employee part of their salary before payday.
Break the bank – To spend too much money or use up all one’s savings.
Long-term financial goals – Plans for managing money over a long period, such as buying a house or saving for retirement.

Видео Emma's Tough Financial Decision #motivation #english #englishgrammar #finance #englishvocabulary канала Resonant Frequency